Meeder Tactical Income Fund (FLBDX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FLBDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLBDX
FLBDX charges 1.11% annually. There are 46 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | FLBDX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | FLBDX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | FLBDX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | FLBDX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | FLBDX vs PUTIX |
Best Risk-Adjusted Alternatives to FLBDX
FLBDX has a PortfoliosLab risk / return rank of 93. There are 12 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | FLBDX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | FLBDX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | FLBDX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | FLBDX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | FLBDX vs DFLEX |
Top Performing FLBDX Alternatives (YTD)
FLBDX is at 2.07% YTD. There are 16 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | FLBDX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | FLBDX vs PMOTX | |
| Anchor Risk Managed Credit Strategies Fund | 4.38% | — | Sep 2015 | FLBDX vs ATCSX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | FLBDX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | FLBDX vs APFPX |
Lowest Volatility Alternatives to FLBDX
FLBDX has 2.37% 1-year volatility. There are 20 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | FLBDX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | FLBDX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | FLBDX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | FLBDX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | FLBDX vs BGCIX |
Lowest Drawdown Alternatives to FLBDX
FLBDX has a 1-year max drawdown of -1.65%. There are 23 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | FLBDX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | FLBDX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | FLBDX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | FLBDX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | FLBDX vs PADZX |
Other Mutual Funds from Meeder Funds
The 8 most viewed Meeder Funds mutual funds shown here include FLDGX, FLSPX, FLFGX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Meeder Dynamic Allocation Fund | Diversified Portfolio | 62 | 12.36% | — | Feb 2000 | FLBDX vs FLDGX | |
| Meeder Spectrum Fund | Long-Short | 72 | 11.81% | — | Jan 2015 | FLBDX vs FLSPX | |
| Meeder Global Allocation Fund | Global Allocation | 57 | 12.92% | — | Jan 2006 | FLBDX vs FLFGX | |
| Meeder Quantex Fund | Mid Cap Value Equities | 53 | 9.36% | — | Mar 1985 | FLBDX vs FLCGX | |
| Meeder Muirfield Fund | Tactical Allocation | 62 | 11.42% | — | Aug 1988 | FLBDX vs FLMFX | |
| Meeder Moderate Allocation Fund | Diversified Portfolio | 62 | 6.42% | — | Jun 2015 | FLBDX vs FLDOX | |
| Meeder Conservative Allocation Fund | Diversified Portfolio | 58 | 4.14% | — | Jun 1995 | FLBDX vs FLRUX | |
| Meeder Balanced Fund | Tactical Allocation | 64 | 8.73% | — | Jan 2006 | FLBDX vs FLDFX |
Often Compared With FLBDX
Investors most often compare FLBDX with AFLIX, TUIFX, TTRZX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | FLBDX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 49 | 0.38% | — | Aug 2013 | FLBDX vs TUIFX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 2.36% | — | Sep 2008 | FLBDX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.43% | — | Sep 2013 | FLBDX vs WAVLX | |
| T. Rowe Price Dynamic Global Bond Fund | Nontraditional Bonds | 18 | 2.75% | — | Jan 2015 | FLBDX vs RPIEX | |
| T. Rowe Price Dynamic Credit Fund | Nontraditional Bonds | 76 | 0.16% | — | Jan 2019 | FLBDX vs RPIDX |
Compare FLBDX with Any Fund or Stock
Compare FLBDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLBDX with funds that move differently
Meeder Tactical Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLBDX.
Explore FLBDX Diversifiers